11635 E Blue Cove Drive, Dunnellon, FL 34432 (MLS # OM721673)

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Under contract-accepting backup offers. Discover one of the most exceptional waterfront settings on the Rainbow River, where crystal-clear spring-fed waters meet privacy, space, and authentic Old Florida charm. This rare corner parcel offers approximately 200 feet of prime direct river frontage, capturing sweeping panoramic views and refreshing breezes, tucked away from tubers and boaters in a low-traffic corner of the river. This spacious 4-bedroom, 3-full bathroom home with a 2-car garage features over 2,200 square feet of thoughtfully designed living space. Highlights include a split-bedroom layout, abundant natural light, and a screened rear porch overlooking the river"”ideal for entertaining or simply unwinding with breathtaking sunset views. Key Features & Upgrades: Approximately 200 feet of prime corner waterfront on the Rainbow River, complemented by expansive decking and multiple dock areas, New boathouse with boat lift (2021), New standing seam metal roof (2023), Concrete seawall, Granite countertops in the kitchen, Large backyard shed for additional storage, Whole-home central vacuum system, Attached 2-car garage, River-fed irrigation system, Floating dock, Step outside to your private waterfront oasis, complete with a newer covered boathouse and boat lift"”ready for effortless days on the water. This peaceful stretch of the Rainbow River is in a protected no-wake zone, creating a mirror-like surface perfect for swimming, paddleboarding, kayaking, and floating right from your backyard. Enjoy a rare and inviting water entry experience with a shallow wading area along the shoreline that gradually transitions to deeper water"”ideal for all ages. Multiple access points include a ladder from the dock and a fun seat swing for an unforgettable entry into the river. The water maintains a constant 72 degrees year-round, with pristine clarity that makes it feel like your own private natural spring. Enjoy a cleaner swimming area with a built-in river-fed dock system that gently pushes away floating debris"”just turn the spigot, no effort needed. Lifestyle & Location: Nestled in the desirable Blue Cove community, this golf cart-friendly neighborhood features a low, non-mandatory HOA of just $100 yearly. Residents enjoy access to a private community park and a dock with boat ramp. Located within city limits in a quiet, tucked-away setting with paved streets, the property has no minimum lease restrictions"”making it an excellent choice for a full-time home, vacation retreat, or income-producing investment. The unique peninsula-style positioning on this corner lot delivers enhanced privacy and expansive water views, creating a rare sense of openness. With recent waterfront upgrades, this home offers the perfect blend of a private oasis and exceptional positioning on one of Florida's most iconic spring-fed rivers. Live the Rainbow River lifestyle from your own backyard"”an exceptional blend of rarity, tranquility, and unmatched natural beauty.

DAYS ON MARKET 51 LAST UPDATED 5/13/2026
TRACT BLUE COVE UN 01 YEAR BUILT 1995
COMMUNITY 34432 - Dunnellon GARAGE SPACES 2.0
COUNTY Marion STATUS Pending
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Dunnellon Elementary School
Jr. High School Dunnellon Middle School
High School Dunnellon High School


ADDITIONAL DETAILS
AIR Attic Fan, Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
AREA 34432 - Dunnellon
CONSTRUCTION Block
EXTERIOR Dock, Private Yard, Storage
GARAGE Yes
HEAT Central
HOA DUES 100
INTERIOR Eat-in Kitchen
LOT 0.35 acre(s)
LOT DESCRIPTION Corner Lot, Paved, Waterfront
LOT DIMENSIONS 111x137
PARKING Garage Door Opener, Attached
SEWER Public Sewer
STORIES 1
SUBDIVISION BLUE COVE UN 01
TAXES 8076.56
UTILITIES Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION River, Water
WATER Private, Well
WATER ACCESS RAINBOW RIVER
WATERFRONT Yes
WATERFRONT DESCRIPTION River Front
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Marion Renda, SELLSTATE NEXT GENERATION-DUNN, 352-387-2383
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/19/26 9:56 AM PDT.

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